Powell State Bank Changing Name to Producer Bank of Texas

Beaumont-based Producer Bancorp, the holding company for Powell-based Powell State Bank, has announced that the bank will officially become Producer Bank of Texas on August 25. As reported in Bankers Digest in January, Producer Bancorp announced its official status as a bank holding company with the closing of its acquisition of Powell State Bank. According … Read more

New Holding Company, Producer Bancorp, Acquires Powell State Bank

On December 12, executive officers of Beaumont-based Producer Bancorp announced their official status as a bank holding company with the closing of their acquisition of Powell-based Powell State Bank. According to Don Legato, president and CEO of Producer Bancorp, the plan is for the bank to continue to operate as usual in its current location … Read more